Azul S.A., (B3: AZUL4), (NYSE:AZUL), the largest airline in Brazil by number of cities served and flight departures, announced yesterday its preliminary traffic results for October 2018.
Consolidated passenger traffic (RPKs) increased 15.9% compared to October 2017 on a capacity increase (ASKs) of 16.6% resulting on a load factor of 82.4%, slightly lower than October 2017. Domestic load factor was 81.6%, an increase of 0.7 p.p. compared to the same period last year and international load factor was 84.9%, down 5.6 p.p..
“Year to date, we increased capacity by an impressive 16.7% while increasing load factor to 82.1%, demonstrating a robust demand environment, especially in domestic flights. International load factor remained at a healthy 85%. We are impressed with the performance of the 18 A320neos in our fleet, they are essential to strengthen our network while reducing unit cost,” says John Rodgerson, Azul’s CEO.
Year to date we continue to be the number one on-time airline in Brazil and one of the top five in the world, with an on-time arrival rate of 87.3% according to FlightStats.
|Load factor||82.4%||82.9%||-0.5 p.p.||82.1%||81.9%||+0.2 p.p.|
|Load factor||81.6%||80.9%||+0.7 p.p.||80.6%||80.1%||+0.5 p.p.|
|Load factor||84.9%||90.5%||-5.6 p.p.||86.7%||90.2%||-3.5 p.p.|
Azul S.A. (B3: AZUL4, NYSE: AZUL), the largest airline in Brazil by number of cities served, offers 766 daily flights to 110 destinations. With an operating fleet of 120 aircraft and more than 10,000 crewmembers, the Company has a network of 218 non-stop routes as of September 30, 2018. This year, Azul was awarded best airline in Latin America by TripAdvisor Travelers’ Choice and by Kayak’s Flight Hacker Guide, and also best regional carrier in South America for the eighth consecutive time by Skytrax. Azul also ranked as most on-time airline in Brazil and most on-time low-cost carrier in the Americas in 2017 according to OAG's Punctuality League, the industry's most comprehensive annual ranking of on-time performance.
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